SMOT SCHOOL OF BUSINESS
END TERM EXAMINATION- II
Production and Operations Management
Time: 3 hrs Max marks : 75
PART – A
ANSWER ANY FIVE QUESTIONS
What are the characteristics of job shop production? What layout will you recommend for job shop?
Determine break even point for a fire producing electrical appliances when fixed cost is Rs 35,00,000 sales price pre unit is Rs 50 ,and
Variable cost is Rs 22 per unit.
What do you mean by cellular manufacturing layout? What are the advantages of cellular layout ?
Write short notes on {any two} A) preventive maintenance. B) Five’s concept. C) Productivity.
Fill up the following.
A ) Master production schedule contains……………………………………………………..
B) Gantt chart is used for ……………………………………………………………………………
C) Scheduling means………………………………………………………………………………………
D) L T P D means………………………………………………………………………………………………
E) A Q L means ………………………………………………………………………………………………..
6. Choose correct statement:
a). Reorder point is anticipated demand during lead time plus safety stock (true / false)
b). NORMAL TIME INCLUDES ALLOWANCES (true / false)
c). Type of control chart used for measuring percentage defectives n a sample is (i) P chart (ii) C chart
d). Risk of accepting a bad lot as a good lot in acceptance sampling is called as (i) PRODUCER’S RIKS (ii). CONSUMER’S RISK
e). ISO – 9000 is a standard for
(i) Product Quality
(ii) Quality Management System
(iii) Process Quality
PART- B
Answer any Two Questions
Write briefly short notes on any three
ABC analysis b) ACCEPTANCE SAMPLING c) Vendor Rating d) JUST IN TIME
(a) What is the difference between Design Capacity and System Capacity
(b) What are the various strategies used for aggregate production and planning give one example of industry, where it is used
(a) Preliminary standy of activity sapling indicates that forklift is used for LOADING 25% of time. With a precision level of 5% and at 95% confidence level, what should be the sample size to…

Peg Game Final Project-FINAL MEC 102 – Jon Longtin, Spring 2014 http://shop.crackerbarrel.com/Peg-Game/dp/B0050PMMQA 15 positions, 14 filled at start Available Moves Peg Available Moves Peg Moves Peg Configurations 1 SW, SE 1-3, 1-10 1-2-3, 1-6-10 2 SW, SE 2-4, 2-11 2-3-4, 2-7-11 3 E, NE, SW, SE etc etc 4 E, NE 5 E, NE 6 SW, SE 7 SW, SE 8 E, NE 1 5 9 12 14 15 4 8 11 13 10 3 7 6 2 NE SE E SW W NW
9 E, NE 10 W, NW, SW, SE 11 W, NW 12 W, E, NW, NE 13 W, NW 14 W, NW 15 W, NW Algorithm (updated 4/24) 1) Prompt user for peg hole to remove 2) Populate 14 of 15 holes with pegs. Leave user-requested hole empth 3) Prompt user for number of solutions to find 4) Randomly pick hole a) Is peg in hole ? i) N0: break to next time through loop ii) YES: (1) Loop through available moves (pre-stored) (2) is current move being considered allowed? i.e., is there a peg present to jump, and is the hole two pegs away empty? (a) YES -> record as allowable move (b) NO -> break through next time through loop (3) IF no moves available, abort and start again from Step 4 ELSE IF only one move available, make it ELSE randomly chose one available move among several and make it (4) Store move [start hole, end hole] in solutions (5) Update status of pegs to reflect move (6) Set flag that move was made b) Was a move made? i) YES: (1) Is there only one peg left? (a) YES: Game over. You won! (b) No: Go to Step 2 for another round ii) NO: (1) Has the number of allowed moves been exceeded? (a) NO: Increment “no move made” counter, and got to Step 4 (b) YES: declare game over, no solution present c) Has the required number of solutions been found? i) YES: end program, ii) NO: got to Step 2 and repeat another try

Week 6 Case Study: Trouble with Internships
In recent years, internships have become more popular among college students. Students realize that simply having a degree is not enough to get a job after graduating – work experience also matters. Internships are forms of temporary employment that respond to work demands in the short term. They are also a way for college students to earn credit towards their degree and work experience before they graduate. Internships are often unpaid, but many companies use them as a recruiting tool for new hires.
With internships growing in popularity, many companies offer pay to their interns in either the form of a low hourly wage or a small stipend. More often than not, the pay that companies offer their interns is not enough to live off and does not correspond to the amount of work the interns are expected to complete.
In 2013 a federal district court judge in New York ruled that Fox Searchlight Pictures compensate two unpaid interns who worked on the 2010 movie Black Swan. The plaintiffs claimed that they were doing work that benefited the studio and “did not foster an educational environment” (Greenhouse). Since this ruling there have been two more cases brought to New York’s federal court in which interns are demanding compensation. The first was brought against publishing company Conde Nast for work an intern did for the magazine W. She worked three days a week for ten hours per day. She never received proper training from an employee (she was trained by a fellow intern) and did not gain any educational benefit. At the time, interns at Conde Nast received $550 per semester (less than $1 per hour), but two months after the company was served with a lawsuit they decided to stop paying interns altogether.
In some way, interns can benefit from unpaid internships by receiving college credit, but now many colleges and universities have stopped that practice. For example, no Ivy League institutions allow internships to be…

Assessment (2/3 combined) 7301ICT (Enterprise Architecture Concepts) Activity Model of the methodology to introduce Cloud Computing IT services for government 1. The scope of the assignment This assignment asks you to create a process model of the Methodology that was proposed in form of a Dynamic Business Model (see Appendix). The model was discussed in the week 8 lecture. The Video recording of the explanation of this model, and the associated Powerpoint file are available on the course website. There are many ways to model processes, depending on the reason for creating the model. In this case the purpose of the model is to ascertain what are the activities involved in the process(es) of the Project Entity, and what or who is responsible for performing those activities. Therefore you are asked to model the process as an activity model. The preferred notation for this activity model will be IDEF0. You could use the BPMN, although you would have to study how BPMN can be used for activity modelling (which is not the usual application of BPMN!). Note that professional project management tools, such as Primavera Project Portfolio Management or Microsoft Project have built-in facilities to create activity models, however, an initial, IDEF0 model can be useful for discussion of the overall process. The development of this model would typically be performed by the programme manager during the programme’s initial stage, and once agreed, this would then be transferred into a prortolio /program /project management tool, for continuous /ongoing maintenance and refinement. 2. The form of the assignment You are asked to develop an IDEF0 (or BPMN) model that describes the process of introducing Cloud Computing (CC) IT Services. The process you are modeling would include the establishement of the CC programme and its projects, which in the end define and create new systems or transform existing ones. Since most students would probably have no experience with activity modelling,…

P7-3 excel template attached
Cp7-2
Use Urban Outfitters financial statements to answer questions years 2007, 2008, 2009
The company uses lower of cost or market to account for its inventory. At the end of the year, do you expect the company to write its inventory down to replacement cost or net realizable value? Explain your answer.
What method does the company use to determine the cost of inventory?
If the company overstated ending inventory by 10 million for the year ended January 31, 2009, what would be the corrected value for income before income taxes?
Compute the inventory turnover ratio for the current year, What does an inventory turnover ratio tell you?
P8-3 template attached
Cp8-2 urban outfitters again

What method of depreciation does the company use.
What is the amount of accumulated depreciation and amortization at the end of the most recent reporting year?
For depreciation purposes, what is the estimated useful life of furniture and fixtures?
What was the original cost of leasehold improvements owned by the company at the end of the most recent reporting year?
What amount of depreciation and amortization was reported as an expense for the most recent reporting year?
What is the company’s fixed asset turnover ratio for the most recent year? What does it suggest?
Short answer questions
What is meant by liquidity?
•What metrics can be used to assess improvement or deterioration in liquidity?
•How is liquidity influenced by debt?
•How do different types of debt affect liquidity?
•How does equity affect liquidity?
•How do different types of assets affect liquidity?

Rely 4 end2
Interactive 2: Critique the work of another learner. Do you agree with their assessment of that company’s environmental policy? Argue for or against based on this company’s car/truck production. The 2nd learner as per usual.
75 words
Steve Frazier
Unit 4 Week 8 Interactive #1
The global automaker chosen for this discussion it the Shanghai Automotive Industry Corporation (SAIC) Motor Corporation wholly owned and operated as a state-owned enterprise (SOE) by the People’s Republic of China (Ahrens, 2013).

What environmental laws are in place in this company’s country of origin?
§ 1989 China adopted the Environmental Protection Law of the People’s Republic of China, an all-encompassing law with grand intentions but no enforcement (“China’s Environmental Law,” 1989)
§ Direct stimulus package in 2008 featuring $205 billion for direct energy efficiency and environmental improvements as well as improvements in rail and electric infrastructure (Seligsohn, 2008).
§ In 2009 outlined a plan to be the largest producer of electric cars (Bradsher, 2009)
§ Amendments passed to current law in 2014 imposing large fines and short term imprisonment for violators, follow up to 1989 law (“China’s new stance,” 2014).
§ Reorganization of the Ministry of Environmental Protection which had been abandoned in 1998 and now brought back (“China’s new policy,” 2013).

Are these laws different from those in the U.S? Yes, Weaker
Are these laws different from those in the U.S? Yes, Weaker
§ Up until 1989 there were no guidelines for any environmental policy (Tiezzi, 2014)
§ Little or no enforcement for the past 25 years (“New China Law,” 2014).
§ New amendments to 1989 law to be enacted and enforced as of January 1, 2015 (“New China Law,” 2014).
§ There have been no penalties or repercussions as long as economic goals were met (Xu, 2014)
§ Responsibility for the enforcement is delegated to individual provinces (perhaps comparable to states in the US)…